Of course, Facebook also made some bad investments, such as the acquisition of the Moves fitness app. But risk, like everywhere in life, is part of business.
In any case, it is certain that Facebook has changed our lives just as much as Google, Microsoft, Apple, Amazon, and much more. Even if we do not use the services directly. Because the dominant position of a group and its subsidiaries (which in turn also have subsidiaries) has spilled over from the online world to the real world and affects all of our lives.
It is important to understand that responsibility for your own data cannot be outsourced to corporations or governments. Too often we experience that it is not politics, but money that rules the world. And companies have the money.
So take a closer look at which group is behind a supposedly independent company. You will be amazed at how few big players pull the strings.